Sunday 3 April 2011

LAST year, 25 hedge fund managers earned a combined $22 billion

Article from the economist here

This is catastrophic. We're denying people the write to eat, to be educated, to live a normal life, but we're paying hedge funds manager millions of dollars to move around money that doesn't exist. If you could grow a single tomato, you'd be more "productive" than these guys.

These funds are based on nothing but speculation, hoping it will grow, for the same reasons banks make money. They're not helping anybody, they're not producing a useful product...they're just pushing paper, charging commission, making money with money.....that doesnt really exist :)

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